Bostic expressed concern about the pace of inflation and indicated he doesn't think rate cuts should come until much later in the year.
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Bostic expressed concern about the pace of inflation and indicated he doesn't think rate cuts should come until much later in the year.
Hungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June.
Private sector job growth expanded in March at its fastest pace since July 2023, ADP reported Wednesday.
Mortgage rates didn't move much last week, and for the second week in a row, neither did mortgage demand.
Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.
Millennials and Gen X were most likely to say they're doing worse financially than their parents, and they have a few good reasons.
Economists polled by Reuters expected the rate to hold steady on the prior month at 2.6%.
This is the first time Beijing has edged past Washington since 2020 when The State of Southeast Asia survey first started asking the question.
Turkey's annual inflation rose to 68.5% for the month of March, an increase on February's 67.1% inflation read, according to the Turkish Statistical Institute's report released Wednesday.
The U.S. Federal Reserve may not cut rates in June and that could have global implications.